Itt (ITT) Tax Rate (2009 - 2026)
Itt's Tax Rate came in at 36.02% for Q2 2026, up 10.14 percentage points from 25.88% a year earlier but down 2.26 percentage points from the prior quarter.
Itt (ITT) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 4, 2026, Itt reported Tax Rate of 29.72%, up 8.78 percentage points year-over-year; for FY2025, it came in at 24.57%, up 5.13 percentage points from FY2024.
- Tax Rate carries a five-year change of +6.62 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 19.44% in FY2024 (-0.76 pp), 20.20% in FY2023 (+0.47 pp), 19.73% in FY2022 (-17.52 pp) and 37.24% in FY2021 (+19.28 pp).
- The five-year range for quarterly Tax Rate is 6.07% (Q4 2021) to 38.28% (Q1 2026).
- Year-over-year, Tax Rate has increased for six consecutive quarters, with an average year-over-year change of +4.54 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2022 (a gain of 15.11 percentage points), and the weakest in Q4 2021 (a drop of 153.29 percentage points).
- Business Quant data shows ITT's Tax Rate at 38.28% (Q1 2026), 22.35% (Q4 2025) and 25.68% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 24.54% |
| 10 | Itt | 18.52 Bn | 15.08 Bn | 510.10 Mn | 36.02% |
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 36.02% |
| Apr 4, 2026 | 38.28% |
| Dec 31, 2025 | 22.35% |
| Sep 27, 2025 | 25.68% |
| Jun 28, 2025 | 25.88% |
| Mar 29, 2025 | 24.39% |
| Dec 31, 2024 | 14.83% |
| Sep 28, 2024 | 18.96% |
| Jun 29, 2024 | 21.54% |
| Mar 30, 2024 | 22.68% |
| Dec 31, 2023 | 20.70% |
| Sep 30, 2023 | 21.10% |
| Jul 1, 2023 | 21.94% |
| Apr 1, 2023 | 16.64% |
| Dec 31, 2022 | 21.18% |
| Oct 1, 2022 | 13.70% |
| Jul 2, 2022 | 24.00% |
| Apr 2, 2022 | 20.57% |
| Dec 31, 2021 | 6.07% |
| Oct 2, 2021 | 13.93% |
Itt Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ITT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ITT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ITT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();